The stablecoin market has reached a historic $200 billion total market cap, with Tether (USDT) leading at $139 billion and USDC following at $41 billion. This growth has been driven by increased crypto trading activity and expanding use cases in payments, remittances, and savings, particularly in regions with unstable financial systems.
The Abu Dhabi Global Market’s Financial Services Regulatory Authority has recognized USDT as an Accepted Virtual Asset, boosting institutional adoption. Market experts, including Bitwise, project potential growth to $400 billion by 2025, contingent on favorable U.S. regulatory developments. Traditional financial institutions like Goldman Sachs are poised to enter the market once regulatory clarity improves.
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